Senior Accounting Analyst - Regulatory Accounting

Build an exciting, rewarding career with us - help us make a difference for millions of people every day. Consider joining the Duke Energy team, where you'll find a friendly work environment, opportunities for growth and development, recognition for your work, and competitive pay and benefits.

Carolinas Accounting & Reporting is within the Controller's Department and provides accounting, financial analysis, and reporting support for Duke Energy. The Senior Accounting position requires technical knowledge and research capabilities to ensure reporting compliance within GAAP and FERC rules. The role is interfaces with various departments including external stakeholders - e.g., E&Y. The role includes responsibility for complex analysis and research of ad-hoc requests to develop reporting and effectively present results for management review and decision making.

This is the fourth level of the financial analysis classification hierarchy. Employees at this level work independently and receive minimal guidance. Incumbents are required to have in-depth knowledge and experience and work to solve complex problems. Incumbents also act as a resource for less experience employees.

This role is responsible for accounting, financial analysis, and reporting support for the Controller's Department. The analyst will work closely with more senior managers and their staff on various accounting activities including monthly journal entry preparation, account reconciliations and analysis, and financial statement variance analysis. Perform analysis and research ad-hoc requests, develop reporting, and effectively present results for management review and decision making.

• Solve complex regulatory accounting issues with critical thinking and sound judgment, ensuring all tasks align with GAAP, FERC, and other regulatory requirements, while meeting internal deadlines and external reporting obligations (including Form 10-Q/K disclosures).

• Effectively manage multiple fast-paced projects, including rate cases and data requests, with an emphasis on task prioritization, organization, and coordination across various teams and stakeholders.

• Drive continuous process improvement efforts across regulatory accounting functions, identifying and implementing innovative solutions that streamline processes, increase efficiencies, and reduce redundancies in both DEC and DEP regulatory activities.

• Collaborate cross-functionally with internal teams (Finance, Legal, Treasury, Rates & Regulatory, Tax, etc.), external auditors, and regulatory bodies (NCUC, PSCSC, FERC) to address inquiries, respond to data requests, and ensure consistent accounting treatment across various filings and projects.

• Provide proactive oversight and direction for regulatory deferrals, ensuring proper documentation, accurate accounting treatment, and timely reporting

• Take ownership of high-priority regulatory matters, such as rate cases and compliance with evolving accounting standards, coordinating efforts and ensuring accurate and timely completion of deliverables.

• Be collaborative in a high-performing team environment by encouraging teamwork, accountability, and development. Be a thought partner in solving complex problems, developing regulatory accounting expertise, and project management skills.

• Conduct detailed research and analysis on regulatory and accounting matters, document findings and implement practical solutions to address challenges in a dynamic, fast-paced environment.

• Provide clear, effective communication with leadership and cross-functional teams, ensuring alignment on goals, expectations, and outcomes while proactively managing issues and escalating as necessary.

• Specific Activities will revolve around regulatory deferrals and amortizations approved in rate cases, rate case support, and special projects related to improving reporting around regulatory assets and liabilities

• Bachelor's degree in Accounting, Finance, Economics, or other closely related discipline

• three (3) years or more of increasingly diverse or complex experience in related field in addition to degree

• Possesses and applies comprehensive and strategic knowledge of accounting and finance principles, practices, and procedures to complete complex assignments

• Experience with financial systems including, but not limited to, Wdesk, OneStream, PeopleSoft, CAPS Online, and advanced Microsoft Office product skills (e.g., Word, Excel, PowerPoint, PowerBI)

Desired Qualifications:

• Six (6) or more years of increasingly diverse or complex experience in related field in addition to degree

• CPA or CPA candidate

• Graduate degree in Accounting, Business, or related fields

• Possesses and applies fundamental accounting and finance concepts, practices, and procedures

• Previous experience in utility or regulatory accounting environment

• Familiarity with rate making revenue requirements principles

• Effective written and oral communication and collaboration skills

• Advanced analytical and critical thinking skills, including data analytics

• Demonstrated ability to effectively perform at the experienced analyst level, including ability to work independently, manage competing priorities, and adhere to strict deadlines and schedules

• Demonstrated ability to work in a team environment and foster good relationships with teammates and business partners

• Highly organized with attention to detail and ability to efficiently multi-task within tight deadlines

• Experience with FERC form preparation and other regulatory filings

• Public accounting or auditing experience

Working Conditions

• Hybrid Mobility Classification - Work will be performed from both remote and onsite locations after the onboarding period. However, hybrid employees should live within a reasonable daily commute to a Duke Energy facility.

• Some overtime is likely to occur but intended to be infrequent and align with peak workloads on the quarters and during the year-end close process.

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Posting Expiration Date

All job postings expire at 12:01 AM on the posting expiration date.

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